I commend reading pages 33 to 40 of the annual report before voting.
Ewan Crouch appointed 2022 - 7 million options in 2022 exercise price 16.03 cents and expects us to award a further 2.5 million at exercise price of 4.3 cents
Shares held start of year 250,000 added 1,250,000 total held 1,500,000 about $45,000 less than a years fee’s.
Geoff Cumming appointed 2009 - 3.5 million options in 2022 exercise price 16.03 cents and expects us to award a further 1.5 million at exercise price of 4.3 cents
Shares held start of year 25,130,250 added 1,840,692 sold 2,840,692 ended 24,130,250 down a million shares but about $724,000 so skin in the game and how many were free over the last 15 years.
Katherine Woodthorpe appointed 2021 - 5million options in 2022 exercise price 16.03 cents and expects us to award a further 1.5 million at exercise price of 4.3 cents .
Shares held start of year nil end of year nil !!!!
Glenda Mcloughlin appointed 2021 - 5 million options in 2022 exercise price 16.03 cents and expects us to award
further 1.5 million at exercise price 4.3 cents .
Shares held start of year 250,000 no additions end of year 250,000 about $7,500. about 1 months fee’s
This is absolutely taking the p#%s , there ownership as a board shows no confidence and they expect us to average their options price down to meet the poor performance!!!
My voting-
resolution 1 - NO
resolution 2 - YES 1 more term each given only appointed in 2021 but raise that as a minimum Directors should purchase and hold 2 years fee’s equivalent in shares.
resolution 3 - YES expectation he delivers an announcement prior to my voting to get the price above when he joined.
resolution 4 - ABSTAIN or NO part of me says they should participate like other holders but they already have by last years allocation- don’t get the match between GMcL holding and entitlement as it says none added so how did her holding participate??
resolution 5 - NO - outrageous!!!
resolution 6 - YES
resolution 7 - YES
resolution 8 - YES
resolution 9 - YES
resolution 10 - YES
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